Deutsche Bank Aktiengesellschaft Reiterates “Sell” Rating for SIG (LON:SHI)

SIG (LON:SHI)‘s stock had its “sell” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Friday,Digital Look reports. They currently have a GBX 5 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential downside of 41.86% from the company’s current price.

SHI has been the topic of a number of other reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 14 price objective on shares of SIG in a research note on Tuesday. Royal Bank Of Canada lowered their target price on shares of SIG from GBX 8.70 to GBX 8 and set a “sector perform” rating for the company in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 8.90 target price on shares of SIG in a report on Wednesday. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 8.97.

SIG Stock Performance

Shares of SHI stock opened at GBX 8.60 on Friday. The business’s 50 day simple moving average is GBX 8.27 and its 200 day simple moving average is GBX 8.70. SIG has a one year low of GBX 6.72 and a one year high of GBX 12.71. The stock has a market capitalization of £99.40 million, a PE ratio of -1.56, a PEG ratio of 1.29 and a beta of 0.67. The company has a debt-to-equity ratio of 597.00, a current ratio of 1.36 and a quick ratio of 1.10.

SIG (LON:SHI) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX (1.90) earnings per share (EPS) for the quarter. SIG had a negative return on equity of 46.37% and a negative net margin of 1.98%. As a group, research analysts forecast that SIG will post 4.1880342 earnings per share for the current year.

About SIG

SIG is a leading pan-European provider of specialist insulation and sustainable building products and solutions, differentiated through specialist knowledge, product mix and end markets.

We connect over 75,000 customers with thousands of leading and specialist products and brands from our suppliers. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.